COINNEWSMassive LONG Liquidations: BTC and ETH Plunge
The cryptocurrency market faced a sharp correction, leading to large-scale liquidations of long positions. According to the analytics platform Coinglass, positions worth $181.4 million were forcibly closed in just one hour.
Key assets showed significant real-time value declines. Bitcoin dropped below the $82,000 mark, becoming a serious test of support for the market leader.
Ethereum also failed to avoid the decline, falling below the $2,500 level. This price movement indicates high volatility and increased selling pressure on the digital asset market.
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